Curacao e-gaming license FAQs
Curacao is one of the oldest and most popular gaming locations in the world. It currently has more than 450 licensed online casinos. Its gambling license could be your best choice thanks to its affordability and simple requirements. One indicator is that Curacao has the longest track record of any jurisdiction in the online gambling sector, running since the establishment of the National Ordinance on Offshore Games of Hazard in 1996, which legalized online gambling, leading to the issue of licenses.
Curacao enjoys a modern economic infrastructure and offers friendly tax rates, making it one of the world’s most popular jurisdictions for establishing an online gambling business.
How GBO can help you get a Curacao gambling license?
It’s quite common for new applicants to make mistakes on their documentation, especially in view of the magnitude of paperwork they have to complete. With the level of dependence on the rules and regulations of each master license holder, even a small error or omission can lead to rejection of your application.
As well, it’s not uncommon for master license holders to delay resubmission for up to a year, so correcting even small errors can result in extended delays.
It’s recommended to place the whole complicated process of applying for a license into the hands of experienced professionals. Overall, it will save time and effort, and in fact saves money, because the new operation will be up-and-running, and generating income, much sooner.
By taking advantage of our services, you will be leaving the tough steps to us, allowing you to quickly reach the important goal of attracting players through marketing. With our experience in white label casino solutions, we can guide you in everything required to get your online casino business fully functional and running in the shortest possible time window.
Why Curacao?
The Curacao gaming license is one of the most affordable in the established gaming jurisdictions, with a base cost of around €21,500. On top of that, the costs of establishing the necessary corporate structures, banking accounts, and payments connections are low and their profits taxes undercut most other jurisdictions. As well, one license covers all games such as online casinos, slots, sports betting, eSports, lottery, and games of skill and chance. In addition, cryptocurrencies are permitted as methods of payment.
Curacao Gambling License FAQs
What is a Curacao gambling license?
There are two kinds of licenses. Master licenses are valid for five years at a time and only 4 master licenses have been issued since 1996. Sub-licenses are linked to a single master license and are valid as long as the master license remains valid. It’s not possible any longer to apply for a master license. Both online gaming licenses permit the conduct of all kinds of gambling activities
Why do you need a license?
To be in compliance with the law, and to smooth the path towards establishing a merchant account with a reputable bank, online casinos must be licensed. This also allows them to market their services internationally, with proper payment providers. Any site that doesn’t have a license is operating illegally and is at risk of reputational damage at the very least, going on to fines, possible imprisonment, and finally, to forced closure.
How do I get a gambling license in Curacao?
A Curacao license application process is straightforward, and we can help. Overall, the Curacao license is one of the easiest to get, at a low cost, and it is widely respected. The country is socially and politically stable and is well equipped to manage the needs of e-gaming service providers. The authorities are actively supportive of new business and English is spoken throughout.
What are the advantages of a Curacao e-gaming operation?
A reason why Curacao attracts online casino operators is the low level of tax. What in other jurisdictions will attract a long list of different taxes and fees that operators are required to pay, in Curacao, there is only a 2% net gains tax, along with the low initial license and the relatively modest application and renewal fees.
Are there any disadvantages to a license in Curacao?
There is a relatively small limitation in that licensees cannot accept players from a few countries such as the USA, France, the Netherlands, and Curacao itself. There is the risk if players from a